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Does zero correlation mean independence? - Economics

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प्रश्न

Does zero correlation mean independence?

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उत्तर

Correlation measures the linear relationship between the two variables. So, r being 0 implies the absence of a linear relationship. But they may be non-linearly related. Hence, if two variables are not correlated, it does not necessarily follow that they are independent.

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Types of Correlation
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पाठ 7: Correlation - Exercise [पृष्ठ १०५]

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एनसीईआरटी Statistics for Economics [English]
पाठ 7 Correlation
Exercise | Q 11. | पृष्ठ १०५
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